10 Sep 2018 14:38
Provident Financial plc ("the Company")
PDMR transaction - Initial Notification
The Company announces that the third and final conditional award granted to the following person discharging managerial responsibility ("PDMR") over the Company's ordinary shares of 20 8/11p on 17 October 2016, vested in full on 5 September 2018. The Company was notified on 7 September 2018 of the following transactions in relation to the award as set out below:
Director/ PDMR | Beneficial holding of Ordinary Shares prior to the Dealing | % of issued share capital prior to the Dealing | Ordinary Shares acquired/sold by or on behalf of Director / PDMR | Resultant Beneficial holding of Ordinary Shares after the Dealing | Resultant % of issued share capital after the Dealing |
Chris Sweeney | 31,925 unrestricted shares and 340,209 restricted shares | 0.013%
0.134% | 14,383 unrestricted shares acquired and 6,772 shares sold. | 39,536 unrestricted shares and 325,826 restricted shares. | 0.011%
0.128%
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Chris Sweeney | ||||||
2 | Reason for Notification | |||||||
a) | Position/status | PDMR | ||||||
b) | Initial notification/Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Provident Financial plc | ||||||
b) | LEI | 213800U93SZC44VXN635 | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 20 8/11 pence each in Provident Financial plc GB00B1Z4ST84 | ||||||
b) | Nature of the transaction | i) grant of conditional award by the Company over 14,383 shares vested on 5 September 2018; and ii) sale of 6,772 shares on 6 September 2018 to satisfy tax, national insurance contributions and dealing costs in connection with the conditional award that vested on 5 September 2018. | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 6 September 2018 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
Name of authorised official of issuer responsible for making notification:
David Whincup, Deputy Company Secretary
Date of Notification:
10 September 2018